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IBM exec named as president of Magine TV

OTT TV provider Magine TV has named Ambuj Goyal as the company’s president and COO.

Ambuj GoyalA member of the Magine TV board since May 2014, Goyal previously served as general manager of Information Management and Business Analytics at IBM.

Kamal Bherwani, previously chairman of Magine TV, becomes the company’s Executive Chairman with immediate effect. Before joining the Magine TV board, Bherwani held the roles Chief Digital Officer and Chief Technology Officer at Spanish media group Prisa.

“The mission of Magine TV is to become the leading international cloud-based TV service, and our rapid growth in Germany since our April launch has confirmed that users embrace the new opportunities offered by Magine TV to enjoy TV in-sync with their requirements and the realities of their daily lives,” said Mattias Hjelmstedt, CEO and founder of Magine TV.

He added: “Ambuj’s appointment will contribute to the ongoing enhancement of Magine TV for our existing and growing user base, but also accelerate plans for future international roll-out and expansion.”

Streaming service MagineTV launched in March last year, as TBI revealed at the time.